Ases Foundation
THE MISSION OF THE ORGANIZATION IS TO FOSTER SCIENTIFIC ADVANCES AND ENHANCE THE STUDY OF SHOULDER AND ELBOW SURGERY.
Key facts about Ases Foundation
- EIN
- 36-3313192
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $257,837
- Grants made (2024)
- 13
- Average grant
- $19,834
- Median grant
- $14,350
- New grantees (estimate)
- 85% first-time grantees (11 of 13, 2024)
- Total assets
- $8,732,414
- Primary geography
- New York (20% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Ases Foundation funds
By grant dollars, the top recipient states for Ases Foundation's 13 itemized 2024 grants were New York (20%), Arizona (14%) and Kentucky (11%). The most frequent recipient cities were Boca Raton, FL (2 grants). None of its 13 grants with a stated purpose were described as general or operating support. Recurring purposes include "Research" (13 grants).
Is Ases Foundation open to new grantees?
85%
first-time grantees, 2024
In 2024, 11 of 13 grantees (85%) were first-time recipients. First grants averaged $22K; repeat grants $7K. How we count
Medians: $28K first-time, $7K repeat.
- 15% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−19%). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Ases Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.7M
+41.6% YoY
Annual Giving
$258K
+181.3% YoY
Grant Count
13
+44.4% YoY
Avg Grant Size
$20K
+94.8% YoY
About Ases Foundation
Based on IRS filings
Ases Foundation is a nonprofit organization, based in Schaumburg, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.7M in total assets. In 2024, it awarded 13 grants totaling $258K. Net investment income was $271K.
Ready to take the next step with Ases Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,732,414 | $6,166,369 | $5,579,098 |
| Revenue | $4,101,031 | $1,731,452 | $1,911,127 |
| Expenses | $2,372,340 | $1,522,917 | $1,608,264 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $271,333 | $171,255 | $107,148 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
73 grants across all recorded years
Open Grants
2 open opportunities from Ases Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include University Orthopaedic Services Inc ($52,698), Musculoskeletal-Orthopedic Research and Education Foundation ($36,428), NTH Dimensions ($32,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY ORTHOPAEDIC SERVICES INC Cheektowaga, NY | RESEARCH | $52,698 |
| MUSCULOSKELETAL-ORTHOPEDIC RESEARCH AND EDUCATION FOUNDATION Phoenix, AZ | RESEARCH | $36,428 |
| NTH DIMENSIONS | RESEARCH | $32,000 |
| BAPTIST HEALTHCARE SYSTEMS Lexington, KY | RESEARCH | $29,551 |
| BOSTON SPORTS AND SHOULDER CENTER RESEARCH FOUNDATION Waltham, MA | RESEARCH | $29,300 |
| REGENTS OF THE UNIVERSITY OF COLORADO Aurora, CO | RESEARCH | $27,790 |
| CLEVELAND CLINIC FOUNDATION Independence, OH | RESEARCH | $14,350 |
| UNIVERSITY OF UTAH Salt Lake City, UT | RESEARCH | $11,027 |
| PALM BEACH RESEARCH AND EDUCATION FOUNDATION North Palm Beach, FL | RESEARCH | $7,578 |
| BOCA RATON REGIONAL HOSPITAL FOUNDATION INC Boca Raton, FL | RESEARCH | $7,578 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Thomas W Throckmorton MD | Trustee | 1 | — |
| Julie Bishop MD | Secretary/Treasurer | 1 | — |
| Joseph a Abboud MD | Chair | 1 | — |
| Frances Cuomo MD | Trustee | 1 | — |
| Joseph Zuckerman MD | Trustee | 1 | — |
| Ian R Bryam MD | Trustee | 1 | — |
| Peter B Macdonald MD | Past President | 1 | — |
| Paul M Sethi MD | Trustee | 1 | — |
Frequently Asked Questions
How large is Ases Foundation?
As of 2024, Ases Foundation holds $8.7M in total assets with $4.1M in annual revenue. It awarded 13 grants totaling $258K in 2024.
Where does Ases Foundation operate?
Ases Foundation has awarded grants in Arizona, California, Colorado, Florida, Georgia, Illinois, Kentucky, Massachusetts, Maryland, Michigan, Minnesota, Missouri, New York, Ohio, Oregon, Pennsylvania, Rhode Island, Tennessee, Texas, Utah, Washington.
What size grants does Ases Foundation award?
In 2024, Ases Foundation awarded 13 grants totaling $258K — an average of about $20K per grant, based on its IRS Form 990 filings.
What is Ases Foundation's EIN?
Ases Foundation's EIN (Employer Identification Number) is 36-3313192. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ases Foundation's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.